1. What must happen before a paper beneficiary designation is considered official?

Answer: B. A designation isn’t official until ERSGA processes and records it.

2. What’s the best way for members to update their pension beneficiary?

Answer: C. Members should log into their account on ers.ga.gov to make official changes.

3. Which of the following cannot be a beneficiary for a pension plan?

Answer: C. Pension beneficiaries must be humans or a legal entity with a Tax ID.

4. Why is it important for members to keep their beneficiary information up to date?

Answer: D. Keeping beneficiary information current helps ensure benefits are paid correctly and according to the member’s wishes.

5. What’s the difference between a primary and a contingent beneficiary?

Answer: A. The primary receives the benefit first; the contingent steps in if needed.

6. What system do members use to update their PSR 401(k) or 457 beneficiaries?

Answer: A. They should go to gabreeze.ga.gov for PSR updates.

7. Can a minor be named as a beneficiary for a pension in Georgia?

Answer: A. A minor can be named, but if they’re under 18, a court-appointed guardian or Uniform Transfers to Minors Act (UTMA) custodian may be needed.